tomo logo

$499,000

Beds
3
Baths
2.0
sq ft
1,596

8992 Madrid Cir, Naples, FL 34104

8992 Madrid Cir

Naples, FL 34104

  • <1 day on market
THE LARGEST SINGLE STORY Home Available in highly coveted FRONTERRA. This Modern home is LOADED WITH UPGRADES and a WATER VIEW! As you enter you will notice the HIGH ceilings, UPGRADED Quartz counter tops, and PLANK TILE flooring throughout. This well built and SECURE home is equipped with a beautiful TILE ROOF and IMPACT GLASS. One of the many ADVANTAGES in Fronterra is the VERY LOW association fees which include your exterior irrigation and access to a beautiful private community pool. Conveniently located near I-75, this home offers easy access to nearby shopping, dining, and entertainment. Great Wolf Lodge just opened down a few miles away and World Renown 5th Ave is less than 15 minutes west. GREAT OPPORTUNITY to own a single family at this perfect LOCATION!

Details

Property type

Single Family Residence

Est. home value

$529,200

Lot size

6,534 sq ft

Price per sq ft

$313

Year built

2020

Annual property taxes

$6,305.66

HOA

Yes

Price History

02/11/2025

FGCMLS #225013134

Listed
$499,000
+12375%
11/05/2024
NABOR

NABOR #223088165

Removed
$4,000
12/11/2023
NABOR

NABOR #223088165

Listed
$4,000
-99.2%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Street Lights

Number of units in community: 

75

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

-$21,923
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$481,003
Cash to seller
-$21,923

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Horizon Bank

Loan start date

July 2022

Original loan amount

$500,000

Est. remaining balance

$481,003

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

Bryan A Gallego and Taylor Gallego

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/11/2025 at 7:45 PM

Listing updated: 02/11/2025 at 2:25 PM

Listed by: CJ Ghannam, Premiere Plus Realty Company Phone #: (239) 732-7837

MLS: FGCMLS #225013134

FGCMLS logo

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